Russia-Ukraine War - News and Developments

[jhungary]

It is simple.. Russia had almost $600 billion of foreign reserves in Western banks..and they were all frozen by the new sanctions.. Russia responded by confiscating the Western assets in Russia.. it already did worth $500 billion..

It did not worth 500 billions, it worth what it was worth at the time of siezure. Which if I have to guess, zero.

Because you don't have the French or whoever to pay you when you confiscated those site, Which mean those recovering site would not cost you any money but at the same time it will not make you any money. You may be able to craw something back from selling whatever it was inside that factory but you wouldn't be able to see it oversea as Russia have no capability to convert foreign currency to rouble, which mean it worth nothing.

Those site only worth 500 billions or so revenue if they were there to make whatever they are making, if they are not, then only asset worth anything. Which most asset would have been pull if they aren't nailed down before they were confiscated, which mean they only worth a fraction of their original revenue,

 

[DF41]

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[jhungary]

Care to explain a bit??

That mean Russian are nationalise Foreign asset in Russia

The problem is, that wouldn't do much, because a company only have its worth when they are able to make money. Say a McDonald in Moscow Red Square, the reason why that McDonald worth 900 or so millions dollars is not because it have 900 millions dollar worth of asset in it (like Ice cream machine, deep fryer or etc) the reason why they worth 900 million is because they serve 300,000 customer annually using those equipment.

Which mean when Russia confiscated that McDonald, Russian did not get 900 millions dollar worth of a company, because it no longer serve any customer, what Russian Government have is the ice cream machine, deepfryer that got left behind (or whatever left behind) They can try to use them and serve local customer but it would not be the same 900 million revenue that McDonald were earning.

On the other hand, once you confiscated that site, you don't just inherit the asset, you also inherit the debt, The wages of the local Russian Employee, the mortgage of any asset, the rent of the location and so on, assuming Russian government will not honor those debt, which mean Russian government will inherit whatever they have after the site went thru the balance sheet,

For example, when German Government nationalise Gazpom Germany, they have to pay around 500 millions to settle the debt before they can use that company......

 

[Viet]

It did not worth 500 billions, it worth what it was worth at the time of siezure. Which if I have to guess, zero.

Because you don't have the French or whoever to pay you when you confiscated those site, Which mean those recovering site would not cost you any money but at the same time it will not make you any money. You may be able to craw something back from selling whatever it was inside that factory but you wouldn't be able to see it oversea as Russia have no capability to convert foreign currency to rouble, which mean it worth nothing.

Those site only worth 500 billions or so revenue if they were there to make whatever they are making, if they are not, then only asset worth anything. Which most asset would have been pull if they aren't nailed down before they were confiscated, which mean they only worth a fraction of their original revenue,

Those western assets seized by Russia will become worthless. Take gas infrasttucture, the land gas pipelines to Germany were built by BASF. Without German engineers, spare parts, those pipelines will disintegrate over time. Same for Russian aircraft, they can’t fly anywhere without Boeing, Airbus spare parts, software, experts. Same for almost all western imports. How will they fix Mercedes when it’s broken? There is no chance to repair it.

 

[Viet]

Sometimes I wonder why some former Khmer Krom Vietcong don't joined the Ukrainian as smart Alec advisors and teach them Ukrainian, how to fight from FOXHOLES.

Instead of posting annoying messages of ZERO value to irritate other members.

I will continue to post, cry harder. This here a public forum. My comments are based on facts. Your comments as I see it mostly based on lies, racism, propaganda, disinformation.

 

[CAPRICORN-88]

Fart is what a THICKSKINNED Khmer Kromin here can offered.

Cry baby originated back from the days of NAM.

 

[CAPRICORN-88]

 

[ARMalik]

Incendiary?

Exactly that's what is it called ! Thanks.

 

[Viet]

Fart is what a THICKSKINNED Khmer Kromin here can offered.

Cry baby originated back from the days of NAM.

Too late bro
Putin’s initial attack plan to seize Mariupol as quick as possible, then concentrating east and southern army groups to encircle Ukrainian army at Donbas. This plan fails. Mariupol late falling is the nail on Putin offensive. Just a matter of time Ukrainian counteroffensive coming.

 

[Shakuni Mama]

The simple ban of export of wheat by India is raising alarm of what the Russia-Ukraine conflict is now leading us to.

An anticipated shortage of essential food supply worldwide.

And India's wheat merely accounts for 3% of the combined world export and is already causing an impact.

Which all countries are there which produce it for export in double figures ?

 

[jhungary]

Sometimes I wonder why some former Khmer Krom Vietcong don't joined the Ukrainian as smart Alec advisors and teach them Ukrainian, how to fight from FOXHOLES.

Instead of posting annoying messages of ZERO value to irritate other members.

@LeGenD something here for you to deal with,

Those western assets seized by Russia will become worthless. Take gas infrasttucture, the land gas pipelines to Germany were built by BASF. Without German engineers, spare parts, those pipelines will disintegrate over time. Same for Russian aircraft, they can’t fly anywhere without Boeing, Airbus spare parts, software, experts. Same for almost all western imports. How will they fix Mercedes when it’s broken? There is no chance to repair it.

Yeah, as I said, it did not really get the money back that way, you can confiscate their asset but then that is not the end of the story here, you will need to maintain it, service it, and repair it, The natural way would have to be selling them. But then unless they are selling them in Russia, they really can't sell them to anyone else, because you would have to be paying in rouble.

Take those rental jet for example, they can confiscate it, that does not mean they can use it, it take spare parts and maintenance to use those jet. Without them, they would just be sitting in a hanger. The Russian cannot sell them either. Who will pay billions of rouble for an Airbus?

When you took over a business operation, as I said, you don't just take over the asset, you also take over the debt as well.

 

[wahhab0202]

Russia has no political stability. You dont buy oil from a facist hellhole that dreams to conquer you one day.

Do you observe any political turmoil or chaotic transfer of power in Russian in the last 20 years? Or may be significant internal security threat in Russia? I didn't see it and probably won't see it in a good foreseeable future. To me Russia seems to be pretty normal in term of political stability.

 

[jhungary]

That would definitely help with focus on only one artillery model instead of a dozen variety provided by the west but they still need as much as possible in the current fighting because it will be awhile to build more of these Bohdanas. At least this is very mobile with shoot and scoot capability. The U.S. military is also interested in their own version. Don't know if they will go for more automation. Also wonder if they will include the longer barrel M777 version on the vehicle as well as stand alone.

@jhungary @F-22Raptor @Vergennes

https://twitter.com/x/status/1525448394159931394

https://twitter.com/x/status/1525448411436175360

At this stage, it's not going to be picky, they would need everything they can get their hands on to push the Russian out, but in a long term, or even medium to long term and within this war, they need to look at singular platform for their stuff.

That is why if the Brits and Polish firm really are going to make the 2S22, this is where the Ukrainian want to go, it's a system they familiar with, and they were being made in the safety of Britain and Poland. You don't need no retraining, and it would perfectly fit into the Ukrainian direction.

They would needed to be a requirement, it is a necessity.

 

[CAPRICORN-88]

Which all countries are there which produce it for export in double figures ?

The top wheat producing countries in the world is China, India and Russia. Together they accounts for more than 300 million tons annually. China alone accounts for 135 million tons. India is 107 millions tons.
These 3 countries accounts for 41% of the world total.

The rest are insignificant e.g. USA which came in 4th is 49 million tons. And Canada 35 million tons.

 

[CAPRICORN-88]

‘Perfect storm’ in food prices hits Asia’s outlook​

Reopening economies after Covid, supply-chain hits, inflation, Fed tightening, China’s slowdown all play a role
By WILLIAM PESEKMAY 16, 2022

In a recent report, the United Nations warned that surging food prices after Russia’s invasion of Ukraine amounted to a “perfect storm” of risk to economic development in Asia.

The UN may be understating the threat.
On any list of descriptions that economists overuse, “perfect storm” is right at the very top. Except, of course, when no other expression will do in a region already reeling from Covid-19-related disruptions.
lite revel

Asia Times